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problem: Rent-to-Own Equipment Co. is considering a new inventory system that will cost dollar 450,000. The system is expected to create positive cash flows over the next four (4) years in the amounts of dollar 250,000 in years one, $125,000 in year two, dollar 110,000 in year three (3), & $80,000 in year four. Rent-to-Own's required rate of return is 10 percent. find out the internal rate of return of this project? 

[A] 12.26%

[B] 12.69%

[C] 10.07%

[D] 11.89%

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